Calumet Specialty Products Partners (CLMT) Stock Forecast, Price Target & Predictions


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CLMT Stock Forecast


Calumet Specialty Products Partners stock forecast is as follows: an average price target of $22.35 (represents a 12.31% upside from CLMT’s last price of $19.90) and a rating consensus of 'Buy', based on 5 wall street analysts offering a 1-year stock forecast.

CLMT Price Target


The average price target for Calumet Specialty Products Partners (CLMT) is $22.35 based on 1-year price targets from 5 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $15.70. This represents a potential 12.31% upside from CLMT's last price of $19.90.

CLMT Analyst Ratings


Buy

According to 5 Wall Street analysts, Calumet Specialty Products Partners's rating consensus is 'Buy'. The analyst rating breakdown for CLMT stock is 0 'Strong Buy' (0.00%), 4 'Buy' (80.00%), 1 'Hold' (20.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Calumet Specialty Products Partners Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 14, 2022-UBS$15.70$13.4816.47%-21.11%
Apr 21, 2022-Wells Fargo$29.00$14.27103.22%45.73%
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The latest Calumet Specialty Products Partners stock forecast, released on Dec 14, 2022 by UBS company, set a price target of $15.70, which represents a 16.47% increase from the stock price at the time of the forecast ($13.48), and a -21.11% decrease from CLMT last price ($19.90).

Calumet Specialty Products Partners Price Target by Period


1M3M12M
# Anlaysts---
Avg Price Target---
Last Closing Price$19.90$19.90$19.90
Upside/Downside-100.00%-100.00%-100.00%

In the current month, the average price target of Calumet Specialty Products Partners stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Calumet Specialty Products Partners's last price of $19.90. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 21, 2024Wells FargoOverweightOverweightHold
Oct 04, 2024H.C. WainwrightBuyBuyHold
Aug 12, 2024Cowen & Co.BuyBuyHold
Jul 14, 2024UBSNeutralNeutralHold
Dec 14, 2022UBS-NeutralInitialise
Aug 18, 2022Goldman Sachs-BuyUpgrade
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Calumet Specialty Products Partners's last stock rating was published by Wells Fargo on Oct 21, 2024. The company gave CLMT a "Overweight" rating, the same as its previous rate.

Calumet Specialty Products Partners Financial Forecast


Calumet Specialty Products Partners Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$2.04B-$1.04B$999.80M$1.17B$1.42B$1.10B$865.80M$874.90M$807.00M$600.30M$553.90M$568.00M$453.70M$692.60M$774.80M$929.60M
Avg Forecast$1.16B$1.16B$1.15B$1.14B$1.08B$1.10B$1.09B$1.05B$843.60M$888.36M$889.17M$825.93M$856.71M$896.25M$916.36M$854.93M$847.26M$939.24M$1.10B$832.23M$741.39M$789.33M$636.82M$492.52M$488.34M$531.63M$462.41M$655.14M$689.68M$713.22M
High Forecast$1.28B$1.28B$1.27B$1.26B$1.19B$1.20B$1.19B$1.16B$977.63M$976.13M$890.63M$825.93M$946.36M$926.08M$1.01B$939.40M$930.97M$939.24M$1.10B$832.23M$741.39M$789.33M$636.82M$492.52M$488.34M$531.63M$462.41M$655.14M$689.68M$713.22M
Low Forecast$1.04B$1.04B$1.03B$1.03B$966.00M$981.49M$973.90M$944.00M$704.76M$795.73M$887.70M$825.93M$768.87M$866.42M$820.81M$765.78M$758.92M$939.24M$1.10B$832.23M$741.39M$789.33M$636.82M$492.52M$488.34M$531.63M$462.41M$655.14M$689.68M$713.22M
# Analysts11111111311131111111111113889127
Surprise %-------------2.27%-1.21%1.18%1.24%1.29%1.32%1.17%1.11%1.27%1.22%1.13%1.07%0.98%1.06%1.12%1.30%

Calumet Specialty Products Partners's average Quarter revenue forecast for Dec 23 based on 3 analysts is $856.71M, with a low forecast of $768.87M, and a high forecast of $946.36M. CLMT's average Quarter revenue forecast represents a -57.95% decrease compared to the company's last Quarter revenue of $2.04B (Sep 23).

Calumet Specialty Products Partners EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111311131111111111113889127
EBITDA-------------$213.10M-$43.00M$-25.70M$81.80M$95.50M$-21.10M$-48.60M$90.10M$-40.60M$-111.70M$-22.80M$3.50M$60.60M$41.80M$24.10M$57.10M
Avg Forecast$61.10M$61.10M$60.67M$60.25M$56.77M$57.68M$57.23M$55.47M$44.40M$46.76M$46.80M$-22.86M$45.09M$47.18M$48.23M$-20.78M$-41.12M$49.44M$58.02M$-18.89M$39.02M$41.55M$33.52M$-79.27M$25.70M$27.98M$24.34M$137.20M$36.30M$37.54M
High Forecast$67.13M$67.13M$66.67M$66.20M$62.37M$63.37M$62.88M$60.95M$51.46M$51.38M$46.88M$-18.29M$49.81M$48.75M$53.00M$-16.62M$-32.90M$49.44M$58.02M$-15.11M$39.02M$41.55M$33.52M$-63.42M$25.70M$27.98M$24.34M$164.64M$36.30M$37.54M
Low Forecast$54.73M$54.73M$54.35M$53.97M$50.85M$51.66M$51.26M$49.69M$37.10M$41.88M$46.73M$-27.43M$40.47M$45.60M$43.20M$-24.94M$-49.35M$49.44M$58.02M$-22.67M$39.02M$41.55M$33.52M$-95.13M$25.70M$27.98M$24.34M$109.76M$36.30M$37.54M
Surprise %-------------4.52%--2.07%0.62%1.65%1.65%1.12%-1.25%2.17%-1.21%1.41%-0.89%0.13%2.49%0.30%0.66%1.52%

3 analysts predict CLMT's average Quarter EBITDA for Dec 23 to be $45.09M, with a high of $49.81M and a low of $40.47M. This is -78.84% lower than Calumet Specialty Products Partners's previous annual EBITDA (Sep 23) of $213.10M.

Calumet Specialty Products Partners Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111311131111111111113889127
Net Income-------------$103.00M-$18.80M$-75.60M$15.50M$-15.30M$-95.50M$-85.40M$51.50M$-78.40M$-146.10M$-82.10M$-56.10M$3.60M$-14.40M$-38.60M$-4.60M
Avg Forecast$-26.12M$-26.12M$-26.81M$-27.50M$-3.29M$-2.74M$-218.79K$-19.88M$-53.98M$-49.56M$-45.21M$-115.50M$-15.75M$5.84M$-1.45M$-105.00M$-73.70M$9.67M$13.86M$-95.45M$-29.32M$-11.92M$-42.09M$-103.68M$-70.08M$-27.79M$-7.85M$-47.27M$-32.02M$-4.63M
High Forecast$-22.58M$-22.58M$-23.18M$-23.77M$-2.84M$-2.37M$-189.13K$-17.19M$-37.22M$-42.84M$-39.08M$-92.40M$-9.31M$6.59M$-1.25M$-84.00M$-58.96M$9.67M$13.86M$-76.36M$-29.32M$-11.92M$-42.09M$-82.95M$-70.08M$-27.79M$-7.85M$-37.81M$-32.02M$-4.63M
Low Forecast$-29.48M$-29.48M$-30.25M$-31.03M$-3.71M$-3.09M$-246.89K$-22.44M$-69.80M$-55.92M$-51.01M$-138.60M$-22.19M$5.05M$-1.64M$-126.00M$-88.44M$9.67M$13.86M$-114.54M$-29.32M$-11.92M$-42.09M$-124.42M$-70.08M$-27.79M$-7.85M$-56.72M$-32.02M$-4.63M
Surprise %-------------17.64%--0.18%1.03%1.60%-1.10%1.00%2.91%-4.32%1.86%1.41%1.17%2.02%-0.46%0.30%1.21%0.99%

Calumet Specialty Products Partners's average Quarter net income forecast for Dec 23 is $-15.75M, with a range of $-22.19M to $-9.31M. CLMT's average Quarter net income forecast represents a -115.29% decrease compared to the company's last Quarter net income of $103.00M (Sep 23).

Calumet Specialty Products Partners SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111311131111111111113889127
SG&A-------------$52.60M-$50.50M$56.10M$54.90M$38.70M$45.20M$66.60M$43.30M$44.20M$49.80M$52.40M$69.00M$64.20M$64.30M$71.10M$73.80M
Avg Forecast$81.73M$81.73M$81.16M$80.59M$75.93M$77.15M$76.55M$74.20M$59.40M$62.55M$62.61M$54.67M$60.32M$63.10M$64.52M$49.70M$56.35M$66.13M$77.61M$45.18M$52.20M$55.58M$44.84M$35.34M$34.38M$37.43M$32.56M$211.06M$48.56M$50.22M
High Forecast$89.80M$89.80M$89.18M$88.56M$83.43M$84.77M$84.12M$81.53M$68.83M$68.73M$62.71M$65.60M$66.63M$65.20M$70.89M$59.64M$67.62M$66.13M$77.61M$54.21M$52.20M$55.58M$44.84M$42.41M$34.38M$37.43M$32.56M$253.27M$48.56M$50.22M
Low Forecast$73.20M$73.20M$72.70M$72.19M$68.01M$69.11M$68.57M$66.47M$49.62M$56.03M$62.50M$43.73M$54.14M$61.00M$57.79M$39.76M$45.08M$66.13M$77.61M$36.14M$52.20M$55.58M$44.84M$28.27M$34.38M$37.43M$32.56M$168.84M$48.56M$50.22M
Surprise %-------------0.83%-1.02%1.00%0.83%0.50%1.00%1.28%0.78%0.99%1.41%1.52%1.84%1.97%0.30%1.46%1.47%

Calumet Specialty Products Partners's average Quarter SG&A projection for Dec 23 is $60.32M, based on 3 Wall Street analysts, with a range of $54.14M to $66.63M. The forecast indicates a 14.68% rise compared to CLMT last annual SG&A of $52.60M (Sep 23).

Calumet Specialty Products Partners EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts11111111311131111111111113889127
EPS---------------$0.24$-0.95$0.19$-0.19$-1.21$-1.08$0.64$-0.97$-1.82$-1.03$-0.70$0.05$-0.18$-0.48$-0.06
Avg Forecast$-0.32$-0.32$-0.33$-0.33$-0.04$-0.03$-0.00$-0.24$-0.66$-0.60$-0.55$-0.82$-0.19$0.07$-0.02$0.02$-0.00$0.12$0.17$-0.50$-0.36$-0.15$-0.52$-0.56$-0.87$-0.34$-0.10$-0.17$-0.40$-0.06
High Forecast$-0.27$-0.27$-0.28$-0.29$-0.03$-0.03$-0.00$-0.21$-0.45$-0.52$-0.48$-0.71$-0.11$0.08$-0.02$0.02$-0.00$0.12$0.17$-0.50$-0.36$-0.15$-0.52$-0.56$-0.87$-0.34$-0.10$-0.17$-0.40$-0.06
Low Forecast$-0.36$-0.36$-0.37$-0.38$-0.05$-0.04$-0.00$-0.27$-0.85$-0.68$-0.62$-0.92$-0.27$0.06$-0.02$0.02$-0.00$0.12$0.17$-0.50$-0.36$-0.15$-0.52$-0.56$-0.87$-0.34$-0.10$-0.17$-0.40$-0.06
Surprise %---------------11.10%7983.19%1.58%-1.10%2.40%2.97%-4.32%1.86%3.22%1.18%2.03%-0.51%1.03%1.21%1.04%

According to 1 Wall Street analysts, Calumet Specialty Products Partners's projected average Quarter EPS for Jun 23 is $-0.02, with a low estimate of $-0.02 and a high estimate of $-0.02. This represents a -107.35% decrease compared to CLMT previous annual EPS of $0.24 (Mar 23).

Calumet Specialty Products Partners Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
GPRKGeoPark$8.21$17.00107.06%Buy
VTLEVital Energy$30.40$57.8390.23%Hold
CRGYCrescent Energy Company$13.80$16.8622.17%Buy
PRPermian Resources$15.13$17.9218.44%Buy
CLMTCalumet Specialty Products Partners$19.90$22.3512.31%Buy
GPORGulfport Energy$161.16$170.405.73%Buy
MGYMagnolia Oil & Gas$27.08$25.06-7.46%Buy
CNXCNX Resources$38.65$26.75-30.79%Hold

CLMT Forecast FAQ


Is Calumet Specialty Products Partners a good buy?

Yes, according to 5 Wall Street analysts, Calumet Specialty Products Partners (CLMT) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 80.00% of CLMT's total ratings.

What is CLMT's price target?

Calumet Specialty Products Partners (CLMT) average price target is $22.35 with a range of $15.7 to $29, implying a 12.31% from its last price of $19.9. The data is based on 5 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Calumet Specialty Products Partners stock go up soon?

According to Wall Street analysts' prediction for CLMT stock, the company can go up by 12.31% (from the last price of $19.9 to the average price target of $22.35), up by 45.73% based on the highest stock price target, and down by -21.11% based on the lowest stock price target.

Can Calumet Specialty Products Partners stock reach $30?

CLMT's average twelve months analyst stock price target of $22.35 does not support the claim that Calumet Specialty Products Partners can reach $30 in the near future.

What are Calumet Specialty Products Partners's analysts' financial forecasts?

Calumet Specialty Products Partners's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.32B (high $4.74B, low $3.87B), average EBITDA is $227.14M (high $249.59M, low $203.46M), average net income is $-26.126M (high $-22.584M, low $-29.482M), average SG&A $303.84M (high $333.86M, low $272.16M), and average EPS is $-0.318 (high $-0.275, low $-0.359). CLMT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.62B (high $5.08B, low $4.14B), average EBITDA is $243.12M (high $267.14M, low $217.77M), average net income is $-107M (high $-92.11M, low $-120M), average SG&A $325.21M (high $357.34M, low $291.3M), and average EPS is $-1.297 (high $-1.121, low $-1.464).

Did the CLMT's actual financial results beat the analysts' financial forecasts?

Based on Calumet Specialty Products Partners's last annual report (Dec 2023), the company's revenue was $7.91B, beating the average analysts forecast of $3.52B by 124.45%. Apple's EBITDA was $267.2M, beating the average prediction of $119.72M by 123.18%. The company's net income was $48.1M, missing the average estimation of $-116M by -141.34%. Apple's SG&A was $187.9M, missing the average forecast of $237.64M by -20.93%. Lastly, the company's EPS was $0, missing the average prediction of $-0.117 by -100.00%. In terms of the last quarterly report (Sep 2023), Calumet Specialty Products Partners's revenue was $2.04B, beating the average analysts' forecast of $896.25M by 127.30%. The company's EBITDA was $213.1M, beating the average prediction of $47.18M by 351.72%. Calumet Specialty Products Partners's net income was $103M, beating the average estimation of $5.84M by 1664.13%. The company's SG&A was $52.6M, missing the average forecast of $63.1M by -16.65%. Lastly, the company's EPS was $0, missing the average prediction of $0.0711 by -100.00%